A WA parliamentary question reveals the Treasurer and staff did not meet with Gresham Advisory Partners, but the Department of Treasury contracted them for $63,000 to review financial models, following a competitive quotation process.

AnsweredQoN 5608Legislative Council
Asked
17 May 2012
Portfolio
Treasurer

QuestionView source ↗

Over the past twelve months —
(1) How many times has the Treasurer met with representatives of Gresham Advisory Partners Limited and when and where did the meetings take place?
(2) How many times has the Treasurer's staff met with representatives of Gresham Advisory Partners Limited and when and where did the meetings take place?
(3) Has the Department of Treasury entered into any contracts or arrangements with Gresham Advisory Partners Limited?
(4) If yes to (3), what are the terms of the contract or arrangements and the value of any contract or arrangement?

AnswerView source ↗

Answered
14 August 2012
Responded by
Minister for Finance representing the Treasurer
Response time
89 days
The
Department of Treasury
advises:(1 - 2)  The Treasurer and/or his staff have not met with Gresham Advisory Partners Limited.
(3)  Yes.
(4)  The scope of works for the contract included review of the State's:
- proposed Payment Mechanism including but not limited to logic checks of the proposed calculations.
- proposed calibration model to ensure the regime accurately allocates risk and responsibility for the State and Private Sector and in doing so incentivises the Private Sector to deliver the services in a manner that provides value for money to the State.
- proposed financial model for the Public Sector Comparator.
The total capped cost of the Contract is $63,000 (including GST)
In accordance with the State Government procurement policy, three written quotations were obtained in respect of the above scope of works, with Gresham Partners assessed as offering best value for money to the State.
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